DISCLAIMER

 

07-004-O

ORDINANCE NO. __________


AN ORDINANCE TO AMEND THE BUDGET OF THE CITY OF DULUTH FOR THE YEAR 2007 BY APPROPRIATING MONIES FOR THE PAYMENT OF OPEB COSTS - NO INCREASE IN TOTAL EXPENDITURES.

BY COUNCILORS STAUBER AND STEWART:

The city of Duluth does ordain:

     Section 1. That Ordinance 9810, passed December 18, 2006, and approved December 28, 2006, is hereby amended by reducing the operating budgets of various departments in the total amount of $600,000, and increasing Agency 700, budget line transfer to other post employment benefit fund in the amount of $600,000.

     Section 2. That this ordinance shall take effect one day after its passage and publication.


STATEMENT OF PURPOSE:  This ordinance reallocates $600,000 to the OPEB fund. The total city expenditures are not increased.